Page 2 of CBDT

Tax clearance certificate for foreign travel ‘not for all’: CBDT

“There appears to be a mis-information about the said amendment emanating from incorrect interpretation of the amendment. It is being…

Updated: August 21, 2024 09:09 IST

CBDT directs I-T Dept to identify high-value cash transactions at hotels, hospitals

This initiative is part of the CBDT’s Central Action Plan for 2024-25, which seeks to mitigate tax evasion and enhance…

August 19, 2024 10:32 IST

Attention Taxpayers! CBDT initiates investigation into foreign remittances surpassing Rs 6 lakh

The CBDT’s investigation focuses on potential discrepancies between the information provided by taxpayers and the records of foreign remittances.

August 18, 2024 08:50 IST

Are cases of mismatch in HRA claims and rent paid being reopened? Here’s what tax department has to say

Terming the media reports “completely misplaced”, the Central Board of Direct Taxes (CBDT) has said that there is no special…

April 10, 2024 12:40 IST

cbdt, itr, itr filing, income tax, tax, tax filing, itr form

CBDT enables ITR filing for FY24; 23,000 returns filed in 4 days

This is for the first time in recent years that the Income Tax department has enabled taxpayers to file their…

Updated: April 4, 2024 20:29 IST

CBDT, concessional tax, 15 per cent tax, top news, latest news, business news, economy news,

CBDT chief hints 15 per cent tax for new units may stay longer

Industry leaders and leading tax consultants were hopeful that the government will grant an extension to the sunset date, at…

February 3, 2024 01:30 IST

inflation, Consumer price index, Indian economy, Indian economic growth, Recession, ease of doing business,

Giving consumption a boost

There is a case for lowering the tax incidence against the backdrop of the positive economic environment prevailing at the…

December 30, 2023 06:15 IST

ITR Filing: CBDT notifies new ITR Forms 1 & 4 for AY2024-25

The Income Tax Department has played the role of an early Santa Claus this year by unveiling the Income Tax…

December 23, 2023 20:04 IST

Safe harbour extended to outbound intra-group loans

Amended rules to increase certainty of transfer pricing

December 21, 2023 01:50 IST

CBDT, tax collection, latest news, latest business news, india tax collection,

Direct tax collections to surpass Budget target: CBDT chief

Before refunds, the direct tax collections stood at Rs. 12.37 trillion, 17.59% higher than the collections for the corresponding period…

Updated: November 15, 2023 23:05 IST

Gangajal, gangajala GST, CBDT, agarbatti gst, pooja samagri gst, ganga water, modi govt, congress

Do you have to pay tax on pooja items like Gangajal, Agarbattis? Find out

The goods and services tax or GST system was introduced by the Modi government during its first time on July…

Updated: October 12, 2023 17:59 IST

Nearly 70% of taxpayers opted for new PIT regime: CBDT chief

Direct tax mop-up up 22% on year, against budgeted 11.6%

Updated: October 11, 2023 12:11 IST

Easier procedure soon for non-residents to claim treaty benefits

A notification for the same is likely to be issued in a few days.

October 5, 2023 03:30 IST

Govt extends CBDT chairman Gupta’s term by 9 months

The nine-month extension for Gupta came on the day when he was scheduled to retire.

October 1, 2023 05:50 IST

Income Tax, Income Tax portal, new Income Tax portal, new income tax website, cbdt,

New Income Tax portal: CBDT launches revamped website of I-T department

The newly revamped website was launched by the Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta at the ‘Chintan…

August 26, 2023 13:01 IST

New Income Tax notification: Salaried employees living in rent-free accommodation to save more now

The Income Tax Department has notified rules for valuing rent-free accommodation provided by employers. Check details

Updated: August 19, 2023 18:10 IST

CBDT, JCIT, Finance Ministry, appeal scheme

CBDT notifies e-appeals scheme

The finance ministry has notified the e-appeals scheme, 2023 under which aggrieved assessees can appeal certain orders before JCIT (Appeals) passed by an assessing…

May 31, 2023 03:15 IST

New Tax Regime: Exemption limit rises, here’s how it will work for private sector employees

Leave Encashment Exemption under Old and New Tax Regimes: The Finance Ministry has notified a new rule for non-government employees…

Updated: May 26, 2023 12:23 IST

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‘Benchmark yield seen easing to 6.15% within three months,’ Sandeep Yadav, DSP Mutual Fund

Money6 hr ago

Sandeep Yadav, head of fixed income at DSP Mutual Fund, predicts that the Reserve Bank of India’s accommodative stance, potential trade deal with the US, and reduced fiscal concerns will lead to a decrease in government bond yields. He advises investors to consider gilt funds to benefit from this trend.

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